Menlo Park Fire Protection District Finance Committee Agenda Packet 2026-06-02
District Maintains Significant Balances In State LAIF Pool
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Description
The District continues to invest surplus funds in the State of California’s Local Agency Investment Fund, with a balance of about $59.5 million and a 3.81% average monthly yield in April 2026. LAIF serves as a key component of the District’s pooled cash and investment strategy.
Contract Details
Vendor
LOCAL AGENCY INVESTMENT FUND (LAIF)
Agency
Menlo Park Fire Protection District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
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Menlo Park Fire Protection District Finance Committee Agenda Packet 2026-06-02
Menlo Park Fire Protection District Finance Committee Agenda Packet 2026-06-02
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